The DOL has proposed amendments to its regulation defining fiduciary advice so that, in most cases, a single recommendation to a retirement investor will be a fiduciary act. In addition, the DOL has ...

The Department of Labor has several objectives in issuing its latest iteration of the fiduciary rule and one of them is expanding the scope of fiduciary activities, a Washington attorney said. The ...

This series focuses on the DOL’s new fiduciary “rule”, which was effective on February 16. This, and the next several, articles look at the Frequently Asked Questions (FAQs) issued by the DOL to ...

This month, the Department of Labor’s Prohibited Transactions 2020-02 (PTE 2020-02) went into effect. This regulation increases the fiduciary scrutiny placed on IRA rollovers and other transactions ...

Advisers who recommend that retirement plan participants roll their accounts from a plan to an individual retirement account or annuity will generally be viewed as providing fiduciary advice under new ...

The Department of Labor appears to be listening to advisors and their representatives as they ask for a delay on the Dec. 20 enforcement of its newest investment advice prohibited transaction ...

Here’s a discomforting stat. John Faustino, head of Broadridge Financial Solutions’ fiduciary certification and training solutions, reports that about 10%-15% of the firms with whom Broadridge raised ...

The question of when an investment professional is obligated to act as a fiduciary when recommending a rollover to a retirement saver has become a tricky issue to navigate. This confusion arises from ...

The Retirement Security Rule and accompanying Prohibited Transaction Exemption amendments, finalized in April, elaborate on differential pay between products offered by advisers and how advisers ...

It’s become a tricky thing for advisors to navigate: giving advice to clients about rolling over their retirement plan assets into IRAs while also staying within bounds of various compliance ...

CLEVELAND--(BUSINESS WIRE)--RIA in a Box, a leading Software-as-a-Service (SaaS) provider of compliance and operational software to the wealth management industry, has announced a partnership with ...

TORONTO--(BUSINESS WIRE)--InvestorCOM, a leading regulatory software provider to the wealth management industry, today announced that Davenport & Company LLC, a leading wealth management and financial ...